KimSam NT8 GEX Calc

[atljam]

gotV1.1 running earlier got values but now shows error , also looking forward to the latest iteration, compliments to all contributors. Thanks

[axsx]

1 hour ago, atljam said:

gotV1.1 running earlier got values but now shows error , also looking forward to the latest iteration, compliments to all contributors. Thanks

I think for ES you just have to have blank in connect symbol and it will auto convert levels from $SPX.  You chart on which you load should be ES chart.  I think this is how I got it working.  also make sure the flag for offset is checked

Edited Wednesday at 06:45 PM by axsx

[kimsam]

https://ibb.co/Y7qG2vzP
https://ibb.co/3mn8vj7k

[axsx]

Looks perfect.

Edited 23 hours ago by axsx

[RamAli]

Hi everyone,

thanks a lot for sharing this tool, really appreciate the work behind it.

I just have a few questions before setting everything up:

• Is it possible to install and use this without a Charles Schwab account, or is a Schwab account mandatory for the API access?
• Do we need both a Schwab trading account AND a developer account, or is the developer access alone enough?
• Could someone outline the exact steps required to get this fully running (from Python setup to NT8 integration)?
• Are there any common issues (API approval, token errors, permissions) we should be aware of before starting?

Would really help to understand the full setup process before diving in.

Thanks in advance 🙏

[axsx]

@kimsam  Few ideas to consider in your next updates 

1. Calculate gamma intensity based on expiry distribution. Determines what % of total gamma expires in the next 7 days. Higher % = more sticky levels (scalp only) Lower % = more flexible levels (can hold longer). if > 65 ==> EXTREME > 50  HIGH     >  35 MODERATE  > 15 LOW

2.  Stability score as a weighted mix of gamma concentration and distance from the gamma flip level. 

• Compute gamma concentration:    concentration=std(TotalGamma) / max⁡(TotalGamma)−min⁡(TotalGamma)concentration  (or 0 if the range is 0).

• Compute normalized distance from flip       flip_stability=min(100, ((spot_price − gamma_flip) *1000)/spot_price)

• Combine them into one score: stability=40*concentration+60*flip_stability

Then label the regime based on that numeric stability value:

• If stability < 30 → "UNSTABLE".

• If 30 ≤ stability < 60 → "MODERATE".

• If stability ≥ 60 → "STABLE".

 

 

3. Pin force :   Directional pin pull strength (index-style 0–100+ score). Positive = pin above spot (upward pull), negative = pin below spot.  

Steps could be :  a) Get gamma at pin (or nearest strike)

b) Normalize by total absolute gamma (how concentrated this pin is)

c) Penalize by distance in % terms

d) Add direction and calculate Pin force.  

 

4.  Flow divergence :     YES if volume and OI point opposite directions

divergence = abs(call_vol_pct - call_oi_pct) > 0.15

[kimsam]

new update soon ..   

 https://ibb.co/Q3rwSRVs

[axsx]

cannot wait to install this.  thanks for adding pin force , max pain,  Gamma regime etc..... 

[Spellbound21]

Thank you @kimsam this is great! Appreciate you sharing this with us..